secwatch.observer — SEC 8-K summary
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Issuer:     ACNB CORP (ACNB)
CIK:        0000715579
Form:       8-K
Filed at:   2024-10-24T23:59:59+00:00
Accession:  0000715579-24-000112
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ACNB Q3 net income $7.2M ($0.84 EPS) vs $9M YoY; dividend raised 6.7% to $0.32; Traditions merger cost $1.1M
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- Net income $7.2M, diluted EPS $0.84, vs $9.0M ($1.06) in Q3 2023; includes $1.1M merger-related expense for pending Traditions Bancorp acquisition.
- Net interest margin (FTE) 3.77%, down 24 bps YoY; total loans $1.68B, up 3.8% YoY; nonperforming loans rose to 0.39% from 0.19% due to one healthcare relationship.
- Tangible book value per share $29.90, up from $27.82 in Q2 2024 and $23.80 a year ago.
- Regular quarterly cash dividend increased to $0.32/share, up $0.02 (6.7%) from prior year; payable Dec 13, 2024 to holders of record Nov 29, 2024.
- Core return on average assets 1.32% and core return on average equity 10.81%; total borrowings $293.1M, up 91.1% YoY.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/715579/000071557924000112/0000715579-24-000112-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/715579/000071557924000112/acnb-20241024.htm
  HTML page:      https://secwatch.observer/filing/0000715579-24-000112

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